Last night was the CPI release in New Zealand
I decided to trade this release as figures were expected to be good
and NzdUsd had dipped back to 0.7 hours before the release
It seemed like a good opportunity to make some pips
The release was better than expected
and I was short GbpNzd, EurNzd, and long NzdUsd, NzdChf and NzdCad before-hand
I quickly closed my psitions on the initial move and ade about 70K
I decided to trade this release as figures were expected to be good
and NzdUsd had dipped back to 0.7 hours before the release
It seemed like a good opportunity to make some pips
The release was better than expected
and I was short GbpNzd, EurNzd, and long NzdUsd, NzdChf and NzdCad before-hand
I quickly closed my psitions on the initial move and ade about 70K